French-owned utility Engie has acquired electric vehicle charging provider Charge Point Services (CPS), which owns the Genie Point nationwide EV charging network. The charging company’s business customers include Ford, Microsoft, Waitrose, Morrisons and Siemens and it works with around 30 local authorities on rolling out charging infrastructure. Engie said the deal buys it 20,000 Genie […]
Businessman Veyrat could sell renewable energy firm Neoen to Engie in return for stake
The report pushed up Neoen’s shares by 1.5 percent in early session trading, while Engie’s shares fell 2.6 percent PARIS: French businessman Jacques Veyrat, who controls a stake of more than 50 percent in renewables energy group Neoen, could sell Neoen to utility Engie in return for a small stake in Engie, BFM Business reported […]
EDP and Engie Team Up to Conquer Offshore Wind
The European power giants will create one of the world’s biggest offshore wind development companies through a new joint venture. The U.S. is among their target markets. Portuguese power firm EDP and French utility Engie announced a joint venture focused on achieving a ranking among the world’s top-five largest offshore wind developers. The 50-50 venture, […]
Engie Acquires Genbright to Unlock More Value From Distributed Storage and Solar Portfolio
Genbright’s software matches distributed energy resources with multiple wholesale energy market opportunities. New England is a key growth target, Engie Storage CEO Chris Tilley tells GTM. Engie North America has built a big portfolio of distributed energy projects across the U.S., ranging from more than 75 megawatts of behind-the-meter battery systems from Engie Storage (formerly […]
ENGIE North America Acquires Genbright
HOUSTON: ENGIE North America Inc. today announced the acquisition of Genbright LLC of Hingham, MA, a company pioneering the integration of distributed energy resources into wholesale electricity markets. The purchase enables ENGIE and its DER businesses, including ENGIE Storage, to further the adoption and growth of DERs within markets throughout the United States. ENGIE Storage […]
Essel Group in talks with Adani, CPPIB, Engie for sale of solar assets
Essel Group is once again in market to sell its 685-MW solar power portfolio, this time on a piecemeal basis. The company is said to be in talks with Adani Power, Canadian Pension Plan Investment Board (CPPIB) after Actis Energy’s discussion to purchase the entire portfolio hit a valuation hurdle, people close to the development […]
French utility Engie to sell some German and Dutch coal power assets
Engie said it was selling those assets to investment firm Riverstone Holdings LLC and that the deal would cut Engie’s net consolidated debt by around $223 million PARIS: French utility Engie has agreed to sell some coal-fired power plants in the Netherlands and Germany, as Engie continues its strategy of disposing of non-core assets to […]
ENGIE and Tokyo Gas to establish renewables joint-venture company in Mexico
ENGIE and Tokyo Gas Co Ltd announced their intention to invest in Heolios EnTG, a 50/50 joint-venture company to develop renewable energy projects in Mexico. Heolios EnTG follows the successful and long-lasting relationship between Tokyo Gas and ENGIE which dates back to 1983. Heolios EnTG will develop, finance, construct, own, operate and maintain six renewable […]
Tokyo Gas buys 50 pct stake in Engie’s renewable energy firm in Mexico
TOKYO: * Japan’s Tokyo Gas Co Ltd said on Monday it has agreed to buy for an undisclosed sum a 50 percent stake in Engie’s renewable company in Mexico that owns and operates six solar and wind power projects * The six projects with a total 899 megawatt (MW) power generation capacity were granted 15-year […]
ENGIE and Tokyo Gas to establish renewables joint venture company in Mexico
ENGIE and Tokyo Gas to establish renewables joint venture company in Mexico For more information please see below link: Source: tokyo-gas.co.jp